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IRCON INTERNATIONAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of IRCON INTERNATIONAL is 21.21.

Share Price ₹189.0Feb 07,2025
Market Cap ₹17,775.5 Cr
Earnings-TTM₹838.3 CrTTM-Consolidated Results
Price/Earnings21.21xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of IRCON INTERNATIONAL

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of IRCON INTERNATIONAL is calculated as :

Current Market Cap [ ₹17,775.5 Cr] as on Feb 07,2025

(/) Earnings [ ₹838.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 21.21x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for IRCON INTERNATIONAL , the investors are currently willing to pay 21.21 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of IRCON INTERNATIONAL !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of IRCON INTERNATIONAL over the last five years.

Historical PE (Price/Earnings) ratio chart of IRCON INTERNATIONAL


PE Ratio Performance Analysis for IRCON INTERNATIONAL

- IRCON INTERNATIONAL 's latest p/e ratio is 21.21x.

- IRCON INTERNATIONAL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.28x.

- IRCON INTERNATIONAL 's operated at median p/e ratio of 6.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IRCON INTERNATIONAL 's p/e ratio peaked in Mar2024 at 22.15x.

- IRCON INTERNATIONAL 's p/e ratio hit its five-year low in Mar2020 of 0.74x.


How does IRCON INTERNATIONAL 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
IRCON INTERNATIONAL 838.2521.2117,775.5
LARSEN & TOUBRO LTD16,557.5027.72458,951.0
RAIL VIKAS NIGAM LTD1,288.5863.9782,431.3
GMR AIRPORTS INFRASTRUCTURE LTD-917.11-85.8278,706.6
IRB INFRASTRUCTURE DEVELOPERS LTD6,727.274.7832,127.5
KEC INTERNATIONAL LTD454.3048.4622,017.4
KALPATARU PROJECTS INTERNATIONAL LTD522.5633.9617,747.5
NCC LTD830.7215.6813,027.8
GR INFRAPROJECTS LTD1,013.2811.3411,492.3
STERLING AND WILSON RENEWABLE ENERGY LTD31.94232.327,420.5
PNC INFRATECH LTD1,239.526.107,560.2

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs IRCON INTERNATIONAL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -85.82x
Max industry PE 232.32x
Median industry PE 21.21x
Average industry PE 34.52x



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